Competition Commission Annual Report 2008/09

[Amethyst]

· Competition Commission

On 9 July 2009, the Competition Commission published its Annual Report and Accounts for 2008/09.

These can be viewed at the link below:

http://www.competition-commission.or...eport_2009.pdf

Outcome
We have consulted the industry informally on the draft Order to give effect to the remedies and we aim to consult formally on the draft Order before the end of July 2009. Barclays lodged an appeal with the CAT against our PPI report, primarily challenging the point of sale ban and the analysis that led to that decision. Hearings will take place in September 2009.